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Speed Commerce (Speed Commerce) Net Current Asset Value : $-20.48 (As of Dec. 2015)


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What is Speed Commerce Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Speed Commerce's net current asset value per share for the quarter that ended in Dec. 2015 was $-20.48.

The historical rank and industry rank for Speed Commerce's Net Current Asset Value or its related term are showing as below:

SPDC's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 5.32
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Speed Commerce Net Current Asset Value Historical Data

The historical data trend for Speed Commerce's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Speed Commerce Net Current Asset Value Chart

Speed Commerce Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.20 1.99 -6.13 -6.81 -30.44

Speed Commerce Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -28.81 -30.44 -23.86 -22.60 -20.48

Competitive Comparison of Speed Commerce's Net Current Asset Value

For the Software - Application subindustry, Speed Commerce's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Speed Commerce's Price-to-Net-Current-Asset-Value Distribution in the Software Industry

For the Software industry and Technology sector, Speed Commerce's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Speed Commerce's Price-to-Net-Current-Asset-Value falls into.



Speed Commerce Net Current Asset Value Calculation

Speed Commerce's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2015 is calculated as

Net Current Asset Value Per Share(A: Mar. 2015 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(35.585-152.646-0-8.523)/4.12582
=-30.44

Speed Commerce's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2015 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2015 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(38.088-161.739-0-0)/6.0386
=-20.48

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Speed Commerce  (OTCPK:SPDC) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Speed Commerce Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Speed Commerce's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Speed Commerce (Speed Commerce) Business Description

Traded in Other Exchanges
N/A
Address
1303 East Arapaho Road, Suite 200, Richardson, TX, USA, 75081
Speed Commerce Inc is a provider of flexible end-to-end e-commerce services to retailers and manufacturers. It provides Web platform development and hosting, order management, fulfillment, logistics and contact center services, which provide clients with transaction-based services and information management tools. It manages fulfillment center from four facilities located in Pennsylvania, Ohio, Missouri, and Texas, utilizing automation technology, such as unit sortation, pick-to-pack conveyors and radio frequency (RF) scanning.
Executives
Richard Willis director, officer: President and CEO 7400 49TH AVE. NORTH, NEW HOPE MN 55428
Bradley J. Shisler director 7400 49TH AVENUE NORTH, NEW HOPE MN 55428
Rebecca Lynn Atchison director 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Kathleen P Iverson director 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Steven R Becker other: Member of a 13(d) 10% Group 5525 NAKOMA DRIVE, DALLAS TX 75209
Northern Right Capital Management, L.p. other: Member of a 13(d) 10% Group 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Bc Advisors Llc other: Member of a 13(d) 10% Group 500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
Becker Drapkin Partners, L.p. other: Member of a 13(d) 10% Group 500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
Northern Right Capital (qp), L.p. other: Member of a 13(d) 10% Group 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Matthew A Drapkin other: Member of a 13(d) 10% Group 10 CORBIN DRIVE, 3RD FLOOR, DARIEN CT 06820
David Dalvey director C/O BLUE ROCK ADVISORS, INC., 80 SOUTH EIGHTH STREET SUITE 3915, MINNEAPOLIS MN 55402

Speed Commerce (Speed Commerce) Headlines

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